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Western Exploration Inc ( (TSE:WEX) ) has provided an announcement.
Western Exploration Inc. has announced a significant update to its mineral resource estimate for the Gravel Creek and Wood Gulch deposits, part of its Aura Project. The updated estimate reveals a 54% increase in inferred gold equivalent mineral resources and an 83% increase in silver ounces attributable to the Jarbidge discovery. This expansion underscores the company’s successful exploration strategy and positions it to enhance shareholder value amid favorable market conditions for gold and silver.
The most recent analyst rating on (TSE:WEX) stock is a Buy with a C$2.67 price target. To see the full list of analyst forecasts on Western Exploration Inc stock, see the TSE:WEX Stock Forecast page.
More about Western Exploration Inc
Western Exploration Inc. operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily deals with gold and silver, with its operations centered around the Aura Project located in Nevada.
Average Trading Volume: 63,418
Technical Sentiment Signal: Sell
Current Market Cap: C$30.44M
For detailed information about WEX stock, go to TipRanks’ Stock Analysis page.